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Weslaco Scholarship Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200232625 ✦ Weslaco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Weslaco Scholarship Foundation?

The Weslaco Scholarship Foundation is a charitable organization situated in an unspecified location. Its primary mission is to collect funds to grant scholarships to outstanding students graduating from three local high schools: Weslaco High School, Weslaco East High School, and South Palm Gardens High School. The foundation prioritizes scholarships for students within the top 15% of their class, and in 2022, it awarded $800 scholarships to all eligible students. The organization focuses solely on this scholarships program, dedicating its resources to supporting educational aspirations in the community.

Is Weslaco Scholarship Foundation legitimate?

Weslaco Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weslaco Scholarship Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Weslaco Scholarship Foundation?

The Weslaco Scholarship Foundation's primary mission is to accumulate funds with the intention of providing financial aid to deserving graduates from three local high schools. These schools include Weslaco High School, Weslaco East High School, and South Palm Gardens High School. The foundation awards scholarships based on academic merit, giving preferential treatment to students within the top 15% of their graduating class. In the year 2022, all eligible students from this tier received scholarships worth $800 each, demonstrating the foundation's commitment to supporting academic excellence.

Who is the CEO of Weslaco Scholarship Foundation?

Unavailable

What is the revenue of Weslaco Scholarship Foundation?

Weslaco Scholarship Foundation's revenue in 2022 was $136,822.

Who are the executives of Weslaco Scholarship Foundation and what are their salaries?


Here are 7 key members and their salaries:


Daniel Budimir (Co Chairpers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ida Cuadra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elias Trevino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Gamboa (Co Chairpers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvett Morales (Co Chairpers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Wells (Co Chairpers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enrique Ornelas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Weslaco Scholarship Foundation?

Weslaco Scholarship Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Weslaco Scholarship Foundation

The Weslaco Scholarship Foundation is an organization that is committed to raising funds to offer scholarships to deserving students. Specifically, it targets graduates from three local high schools: Weslaco High School, Weslaco East High School, and South Palm Gardens High School. The foundation's mission is to provide financial assistance to these students, with a focus on those who excel academically. In 2022, the foundation distributed scholarships of $800 each to all qualifying students, giving preference to those in the top 15% of their classes. This demonstrates the foundation's dedication to recognizing and supporting academic achievement among its local youth.

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Impact




October, 2024

The Weslaco Scholarship Foundation plays a crucial role in supporting the educational aspirations of local high school graduates. By providing financial assistance to students from Weslaco High School, Weslaco East High School, and South Palm Gardens High School, the foundation helps to lessen the financial burden of higher education. In 2022, every qualifying student received a scholarship of $800, ensuring that those in the top 15% of their class are recognized and rewarded for their academic achievements. This targeted support not only encourages academic excellence but also fosters a sense of community investment in the futures of young leaders. Through its efforts, the foundation has a lasting impact on the educational opportunities available to students in Weslaco, empowering them to pursue their dreams and contribute positively to society.




This information is meant to be a general summary of Weslaco Scholarship Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$136,822 (2022)
Expenses
$111,983 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,272
  • Gross Receipts: $145,734

Assets and Liabilities:

  • Total Assets: $408,684
  • Total Liabilities: $0
  • Net Assets: $408,684

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Organization Details

Main Address

810 S PLEASANTVIEW DR, WESLACO, TX, 78596

NTEE Category

Code: B82 - Education

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